accrual accounting bookkeeping software Legal tax return 
xendoo
MARCH 16, 2022
In fact, it is a legal requirement of LLCs and corporations to manage their business incomes in separate bank accounts. They can use their personal accounts for business, but we strongly advise against it. Previous tax returns . Financial statement from your bookkeeper . Determine tax obligations.
xendoo
JUNE 11, 2022
Debts past due dates (with several months) might translate to bad debts, which you should remove from accounts receivable and record as an expense. . How to Record Accounts Payable in Accounting. When recording accounts payable, you either use the cash or accrual accounting method. .
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